Employment Rate in Austria decreased to 70.50 percent in the first quarter of 2021 from 72.80 percent in the fourth quarter of 2020. source: EUROSTAT

Employment Rate in Austria averaged 69.90 percent from 1994 until 2021, reaching an all time high of 74.20 percent in the third quarter of 2019 and a record low of 65.30 percent in the first quarter of 2004. This page provides - Austria Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Employment Rate - values, historical data and charts - was last updated on September of 2021.

Employment Rate in Austria is expected to be 73.22 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Employment Rate is projected to trend around 73.24 percent in 2022 and 73.25 percent in 2023, according to our econometric models.

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Austria Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.50 72.80 74.20 65.30 1994 - 2021 percent Quarterly
NSA

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.70 12.80 0.80 percent [+]
Employed Persons 3895.20 3858.40 3895.20 2302.70 Thousand [+]
Unemployed Persons 286277.00 282685.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 2.30 1.50 2.30 0.90 percent [+]
Youth Unemployment Rate 11.00 11.00 15.20 5.00 percent [+]
Labour Costs 120.00 131.90 139.70 83.80 points [+]
Job Vacancies 113849.00 112949.00 113849.00 11240.00 [+]
Wages 2847.25 2768.40 2847.25 1866.40 EUR/Month [+]
Wages in Manufacturing 112.80 112.80 112.80 54.87 points [+]
Population 8.90 8.86 8.90 7.03 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Labor Force Participation Rate 60.80 61.00 62.10 57.30 percent [+]
Productivity 102.30 105.60 105.60 75.50 points [+]
Part Time Employment 1153.80 1168.60 1184.60 553.50 Thousand [+]
Full Time Employment 2965.10 3087.30 3154.10 2796.40 Thousand [+]
Employment Change -0.30 0.00 2.90 -4.10 percent [+]
Employment Rate 70.50 72.80 74.20 65.30 percent [+]


Austria Employment Rate
In Austria, the employment rate measures the number of people who have a job as a percentage of the working age population.